-38.80(-2.25%)

-0.49(-2.72%)

-0.0050(-0.4403%)

+0.0840(+10.24%)

What Does Dropping GDP Target Say About China's Policies?

May.21 -- Michael Pettis, finance professor at Peking University, talks about China's economy and policies. China has abandoned its usual practice of setting a numerical target for economic growth this year due to the turmoil caused by the coronavirus pandemic, according to the text of Premier Li Keqiang’s annual policy address. Pettis speaks on "Bloomberg Markets: Asia."